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Marvell Technology Group Ltd

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  • UPDATE 2-Marvell patent verdict grows to $1.54 billion Tuesday, 1 Apr 2014 | 11:15 AM ET

    April 1- A federal judge ordered Marvell Technology Group Ltd to pay nearly $1.54 billion to Carnegie Mellon University for selling billions of semiconductors that infringed the school's two hard disk drive patents.

  • Marvell patent verdict grows to $1.54 billion Tuesday, 1 Apr 2014 | 12:32 AM ET

    April 1- A federal judge ordered Marvell Technology Group Ltd to pay nearly $1.54 billion for infringing two hard disk drive patents held by Carnegie Mellon University, nearly one-third more than a jury had previously awarded.

  • From Qualcomm and Intel to MediaTek, Marvell and Broadcom, the suppliers of the crucial components that power smartphone applications and drive high-speed wireless connections are scrambling to capitalize on opportunities taking shape as Chinese brands and telecoms carriers such as China Mobile gear up for 4 G LTE, or Long-Term Evolution.

  • Marvell forecast first-quarter revenue between $870 and $910 million, above analysts' average estimate of $848.94 million, according to Thomson Reuters I/B/E/S. Marvell said results were softer than it expected in the mobile business in the fourth quarter as some customers delayed product launches.

  • Chipmaker Marvell Technology's revenue rises 20 pct Thursday, 20 Feb 2014 | 4:20 PM ET

    Feb 20- Chipmaker Marvell Technology Group Ltd reported a 20 percent rise in fourth-quarter revenue, helped by strong demand from hard-disk and flash-drives makers. Marvell's net income rose to $106.6 million, or 21 cents per share, in the quarter ended Feb. 1 from $50.2 million, or 9 cents per share, a year earlier.

  • NEW YORK, Feb 19- California hedge fund manager Doug Whitman, the first defendant in the broad U.S. crackdown on insider trading to take the stand in his own defense, on Wednesday failed to persuade a federal appeals court to overturn his conviction.

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  • Your first trade for Tuesday Tuesday, 7 Jan 2014 | 1:29 PM ET

    The "Fast Money" traders share their final trades of the day.

  • *Marvell Technology climbs after KKR reports stake. NEW YORK, Dec 31- U.S. stocks closed out their best year in more than 15 on Tuesday, with major indexes advancing throughout 2013 on the back of the Federal Reserve's massive stimulus and expectations for accelerating growth going forward.

  • NYSE trader

    Stocks on Tuesday closed 2013 at records, with the S&P 500 posting its largest annual jump in 16 years.

  • *Marvell Technology climbs after KKR reports stake. *Berkshire Hathaway to buy unit from Phillips 66. NEW YORK, Dec 31- U.S. stocks advanced modestly on Tuesday, boosted by a solid consumer confidence reading, keeping the S&P 500 on track for its best year since 1997 and the Dow on pace to record its best performance since 1995..

  • *Marvell Technology climbs after KKR reports stake. *Berkshire Hathaway to buy unit from Phillips 66. "A little bit of a mixed economic picture today but the consumer confidence is probably the most important number of the bunch," said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York.

  • *Marvell Technology climbs after KKR reports stake. *Berkshire Hathaway to buy unit from Phillips 66. But a little bit of data is always good, "said Kim Forrest, senior equity research analyst, Fort Pitt Capital Group in Pittsburgh.

  • *Marvell Technology climbs after KKR reports stake. *Berkshire Hathaway to buy unit from Phillips 66. NEW YORK, Dec 31- U.S. stock index futures inched higher on Tuesday before housing and consumer confidence data, with the S&P 500 on track for its best year since 1997 and the Dow set to record its best performance since 1996..

  • Early movers: HTZ, FDX, TWTR, NFLX, AAPL & PSX Tuesday, 31 Dec 2013 | 7:48 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • *Marvell Technology climbs after KKR reports stake. *Berkshire Hathaway to buy unit from Phillips 66. NEW YORK, Dec 31- U.S. stock index futures were little changed on Tuesday before housing and consumer confidence data, with the S&P 500 on track for its best year since 1997 and the Dow set to record its best performance since 1996..

  • Early movers: PETM, FL, WMT, UAL & more Friday, 22 Nov 2013 | 8:05 AM ET

    Some of the names on the move ahead of the open.

  • The company, whose customers include hard disk drive and flash drive makers Western Digital Corp, Seagate Technology and Toshiba Corp, also reported better-than-expected results for the third quarter. Marvell said it expected an adjusted profit of 23- 27 cents per share for the current quarter on revenue of $880 million to $920 million.

  • After-hours buzz: Gap, Intuit & more Thursday, 21 Nov 2013 | 5:21 PM ET

    Companies are making headlines after the bell Thursday:

  • Nov 21- Marvell Technology Group Ltd reported third-quarter results above market estimates, helped by strong demand for its chips that are used for reading and writing data on hard-disk and flash drives. Marvell's net income rose to $103 million, or 21 cents per share, in the third quarter from $69 million, or 12 cents per share, a year earlier.

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